Earnings Results Ups Foresees Mild Recession in 2023 and First Revenue Decline in 14 Years
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14 Last-Minute Tool Deals From Home Depot and Lowe's: Power Tools, Yard Tools, Hand Tools
Spruce up that home, yard, and garage with deals on everything from power tools to lawn gear while you still can.Wired - Tech -
Colts snap record streak of 14 straight offensive players taken in NFL draft with UCLA DE Latu
UCLA edge rusher Laiatu Latu was the first defensive player selected in the NFL draft, going No. 15 overall to Indianapolis to snap a record streak of 14 straight offensive players takenABC News - Sports - NFL -
14 Best Car Phone Mounts, Chargers, and Accessories (2024): Wireless Chargers, MagSafe Holders, and Dashcams
These mobile accessories will make your smartphone a better—and safer—road trip companion.Wired - Tech -
Judge declines to dismiss lawsuits filed against rapper Travis Scott over deadly Astroworld concert
A judge has declined to dismiss hundreds of lawsuits filed against rap star Travis Scott over his role in the deadly 2021 Astroworld festival in which 10 people were killed in a crowd surgeABC News - Entertainment -
Share of college students blaming Hamas for Oct. 7 attack on Israel declines in new poll
A new poll shows the share of U.S. college students who blame Hamas for the Oct. 7 attack on Israel has declined by more than 10 points in the last six months.NBC News - Top stories - Israel -
Share of college students blaming Hamas for Oct. 7 attack on Israel declines in new poll
A new poll shows the share of U.S. college students who blame Hamas for the Oct. 7 attack on Israel has declined by more than 10 points in the last six months.NBC News - Politics - Israel -
Trump trial: Defense attorneys begin cross-examination of David Pecker
The New York criminal trial of Donald Trump resumed with testimony from former National Enquirer publisher David Pecker.CNBC - Business - Donald Trump -
2024 NWSL standings, schedule, results: Kansas City Current lead the table, Washington Spirit in pursuit
Here's the latest standings and scores from NWSLCBS Sports - Sports -
Federal auto-safety regulators are examining the adequacy of Tesla's recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.
Federal auto-safety regulators are examining the adequacy of Tesla’s recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.The Wall Street Journal - World -
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.The Wall Street Journal - World -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - World -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - Business -
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.The Wall Street Journal - Business -
Comcast earnings beat expectations as Peacock losses narrow
Comcast scored a profit beat for the latest quarter, and that seemed to be overshadowing another drop in broadband subscribers.MarketWatch - Business -
Why Microsoft’s earnings are all about ‘surviving and advancing’
Big AI gains could be ahead for Microsoft, but Thursday afternoon’s earnings may illustrate a more gradual ramp.MarketWatch - Business -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.The Wall Street Journal - Business -
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.CNBC - Business -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Adyen shares slump as payments processor meets revenue estimates
Shares of Adyen slumped Thursday as the payments processor met revenue expectations even after processing more volume than anticipated.MarketWatch - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
Southwest Airlines considers ending open seating as loss widens, revenue falls short
Southwest Airlines Co.’s stock tumbled 9% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business - Travel -
American Airlines’ stock jumps after an upbeat profit outlook and record revenue
American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levelsMarketWatch - Business -
Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump
The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.The Wall Street Journal - World -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - Business -
Intel’s earnings forecast fails to clear low bar, and the stock’s drop continues
Intel Corp. shares dropped 8% in the extended session Thursday, adding to their rough start to the year as the chip company reported revenue slightly below Wall Street’s expectations.MarketWatch - Business -
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.The New York Times - Business - Microsoft -
Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil. Shares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed ...The Guardian - World -
Several K Street giants kick off 2024 with record revenues
Several K Street lobbying shops posted record revenues last quarter as Congress moved massive spending bills, the Biden administration ramped up its regulatory agenda and clients set their sights on post-election policy priorities. Federal ...The Hill - Politics -
AMC Entertainment Sees Flat Revenue in Despite Fewer Film Releases
The movie-theater chain said the Hollywood writers and actors strikes from last year had dragged on box office returns.The Wall Street Journal - World -
Inflation picks up
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story Inflation picks up in March The Federal Reserve’s preferred inflation gauge ticked up slightly in March as many Americans saw bumps in their paychecks ...The Hill - Politics - Inflation -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
'On Giving Up' Review: Taking No Sides
To give up can mean to quit a habit, such as smoking, or to lose enthusiasm for living. What connects these notions philosophically?The Wall Street Journal - World -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California